West Africa emerging as LNG player
British energy company BP is moving ahead with development of a liquefied natural project off the West African coast with early design work, a contractor said. French services company TechnipFMC Continue Reading
First Commercial LNG Cargo From US East Coast Hits the Seas
The first export of natural gas from the U.S. East Coast has set sail. Dominion Energy Inc.’s Cove Point terminal in Maryland shipped its first commercial cargo of liquefied natural Continue Reading
Texas LNG Signs Non-Binding Deals With Chinese, Southeast Asian Buyers
Texas LNG has signed eight non-binding deals with potential buyers of liquefied natural gas (LNG) in China, southeast Asia and Europe, the company’s chief executive said on Wednesday. They include Continue Reading
What Will It Take to Keep Up With Shale Gas Boom? $170 Billion
Bottlenecks on the U.S. natural gas superhighway are starting to stack up, raising concerns about whether the infrastructure can be built fast enough to meet surging supplies. Gas output will Continue Reading
High U.S. natgas storage draws raise alarm for coming seasons
U.S. natural gas prices could rise in 2018 after utilities pulled the second biggest amount of gas from storage on record over the winter, even though the season was slightly Continue Reading
Is This Natural Gas Major About To Be Taken Over?
As Australia’s second largest independent gas producer continues to recover from years of financial doldrums, posting an impressive 433 percent surge in underlying profit in 2017 over the previous year. Continue Reading
NYMEX May natural gas futures down to $2.677/MMBtu on bearish outlook
The NYMEX May natural gas futures was down in morning trading on Thursday, as a mild weather outlook, an expectation for falling demand and continued strong production have put downward Continue Reading
Cuadrilla completes first shale well in the United Kingdom
The first-ever hydraulic fracturing effort in the United Kingdom is set for the third quarter following well completion in Lancashire, Cuadrilla Resources said. Cuadrilla said Tuesday it completed the first-ever Continue Reading
China cuts resources tax on shale gas production
China has cut resources tax on shale gas production by 30 percent from April 1, the Ministry of Finance said on Tuesday, as the world’s largest energy consumer aims to Continue Reading
China’s Sinopec To Significantly Boost Natural Gas Capacity Supply
In an effort to increase the share of natural gas in its energy supply, China’s state energy company Sinopec plans to nearly triple receiving capacity for liquefied natural gas (LNG) Continue Reading